State Farm Sends $100 Per Vehicle Cash Back as Auto Rates Fall

TL;DR Summary
State Farm will issue an average $100 per vehicle cash-back dividend to auto policyholders this summer, totaling about $5 billion for more than 49 million vehicles, as auto rates were cut by roughly 10% in 40 states (about $4.6 billion in savings) — the largest dividend in State Farm's 103-year history.
Topics:business#auto-insurance#business#cash-back-dividend#insurance-industry-trends#rate-cuts#state-farm
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